Displaying items by tag: Ukraine

Ukraine: ONUR Group’s concrete products subsidiary EFE has announced a new US$15m investment in its operations in Ukraine. Ukraine Business News has reported that EFE is paying ‘special attention’ to automation within its investments.

CEO Erhan Oztop said "Although we were able to increase our staff by 30% after 24 February 2022, the need for new employees remains. This motivates us to make large investments in the automation of production processes."

EFE produces ready-mix concrete, reinforced concrete products and paving slabs in Ukraine. It inaugurated two new ready-mix concrete plants in 2023, raising its production capacity to 800m³/hr.

Ukraine: Buzzi has agreed to sell its business in Ukraine to Ireland-based CRH for US$109m. The assets additionally include Buzzi’s Slovakian ready-mix concrete business. The Ukrainian business is comprised of the 2Mt/yr Volyn cement plant and 1Mt/yr Nikolajev cement plants, as well as ready-mix concrete operations in Kiev, Nikolajev and Odessa.

Via its local subsidiaries, Italy-based Buzzi Unicem operates five ready-mix concrete batching plants in Ukraine and six in Slovakia.

Mexico: The Mexican Ready-Mix Concrete Industry Association (AMIC) says that European natural gas shortages and disruptions to the supply of oil, chemicals and other goods as a result of the conflict in Ukraine may cause a rise in the cost of global cement production.

AMIC president Ana Laura Burciaga said "Having a conflict that delays the arrival of these products can make them more expensive because they would have to be obtained from more expensive sources due to shortages.” Burciaga continued "The area where the conflict is taking place was a major supplier of gas and we are concerned that this will have repercussions, especially in terms of a price increase when we have just suffered a very significant one of a magnitude we had not seen for many years."